CAC 40 Index
Short
Updated

CAC40 - Indices Trading | Elliott Wave Structures | Q2 2019

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CAC40 - Elliott Wave Outlook

Bearish Swings - Patterns:
Triple Three structure in Cycle Wave IV (green)
W (purple) - Zig-Zag
X (purple) - Three (false break-out)
Y (purple) - Simple Flat
X (purple) - Contracting Triangle
Z (purple) - Zig-Zag

Bullish Swings - Patterns:
Impulse in Intermediate (1) (blue)
Extension in Minor 3 (green)

Next expected swing:
Bearish sequence in Intermediate (2) (blue)

Structure change:
Bullish continuation in an impulsive manner could lead towards more up-side for an Ending Diagonal.
Note
Running Flat under development for CAC40 (FRA40)
snapshot
Note
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Note
I've been active since the very tops, with this:
1 - EU Indices Going SHORT | Impulse Complete | April 2019

and this:
CAC40 - Indices Forecast - Wave Patterns - Volatility in May


Here's the update:
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Note
Moment of truth and the Bearish Question.

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